Orbex - Forex Trading Library

There is only one event on the economic calendar for China this week. However, it's of utmost importance and could influence quite a few currencies around the globe. In fact, it could impact not just currencies, but commodities and…
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The US dollar index held strong on Wednesday amid a mixed sentiment in the market. The 10-year Treasury yields hit a fresh 20-month low while equity markets closed in the red. A number of narratives have kept the risk assets in check…
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The US Department of Commerce will be releasing the second revised GDP estimates today. The GDP estimates cover the first three months of the year. The initial GDP estimates, as per the advance GDP report, saw the US economy rising 3.2% in…
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There are major data releases coming out of Australia this week. The most important and therefore most likely to move the market is quarterly capital expenditure. This is an important measure of where private enterprises are both…
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The markets were trading cautiously albeit amid a slight risk-on sentiment prevailing. US stocks closed slightly higher while safe haven assets shed their recent gains. President Trump said on Tuesday that he was not yet ready for a deal…
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The Bank of Canada will be holding its monetary policy meeting today. Heading into the event, the markets believe that the BoC will keep the interest rates steady at 1.75%. This will mark a sixth consecutive meeting where rates remained…
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The Conference Board’s consumer confidence report will be coming out today. According to economists polled, CB’s consumer confidence index could rise, reflecting an uptick in consumer sentiment. The consumer confidence index is forecast…
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Lack of economic news or developments within the global themes played on the currency markets on Monday. With the US and UK markets closed on Monday due to bank holidays, activity was subdued. However, volatility could pick up as investors…
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